REGISTERED NUMBER: SC717781 (Scotland)

Financial Statements for the Year Ended 31 December 2024

for

KM St. Andrews Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K McLean

S McLean

SECRETARY:

REGISTERED OFFICE:

Cairnfield

14 School Road

Balmullo

St. Andrews

Fife

KY16 0BD

REGISTERED NUMBER:

SC717781 (Scotland)

ACCOUNTANTS:

Monteaths

Cairnfield

14 School Road

Balmullo

St Andrews

Fife

KY16 0BD

FIXED ASSETS

Tangible assets

4

914,630

911,223

CURRENT ASSETS

Stocks

3,400

5,000

Debtors

5

7,450

7,357

Cash at bank

575,288

441,419

586,138

453,776

CREDITORS

Amounts falling due within one year

6

169,946

160,030

NET CURRENT ASSETS

416,192

293,746

TOTAL ASSETS LESS CURRENT LIABILITIES

1,330,822

1,204,969

CREDITORS

Amounts falling due after more than one year

7

(782,808

)

(899,621

)

PROVISIONS FOR LIABILITIES

(3,853

)

(2,881

)

NET ASSETS

544,161

302,467

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

544,061

302,367

544,161

302,467

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

Mrs K McLean - Director

S McLean - Director

1.	STATUTORY INFORMATION

KM St. Andrews Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 39 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

899,458

19,668

919,126

Additions

-

8,465

8,465

At 31 December 2024

899,458

28,133

927,591

DEPRECIATION

At 1 January 2024

-

7,903

7,903

Charge for year

-

5,058

5,058

At 31 December 2024

-

12,961

12,961

NET BOOK VALUE

At 31 December 2024

899,458

15,172

914,630

At 31 December 2023

899,458

11,765

911,223

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

7,450

7,357

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

4,843

18,518

Taxation and social security

130,915

119,828

Other creditors

34,188

21,684

169,946

160,030

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

411,092

527,905

Other creditors

371,716

371,716

782,808

899,621

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

411,092

527,905